what is the difference btw economic activities and non-economic activities
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Difference Between Economic andNon-Economic Activities. ... The maindifference between economic andnon-economic activities lies in the fact that the economic activities are carried out to satisfy human needs, whereas non-economic activities are performed for gaining psychological satisfaction.
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Economic activities.
- These activities are done for the purpose of earning money.
- The main aim of these activities is to earn more profits.
- For example : a person working in office, a teacher teaching in school.
Non economic activities :
- These activities are done to serve and help others.
- These activities are done out of compassion, live and care.
- for example: social work, a mother teaching his son at home.
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